Anarcho-capitalism is a political philosophy that advocates the elimination of the state in favor of individual sovereignty, private property, and open markets.
Minarchism is a libertarian political philosophy which advocates for a minimal state, that is, a state that acts only on very essential functions, while all other functions are provided by the free market.
I voted that I am a Minanarchist, because I live in reality not delusion.
Crypto-anarchists' delusions lead to a totalitarian State., i.e. these tinfoil hats aren't diversified:
Granted you may be actively trading and planning on stopping out before taking a big loss, sure, but that whole approach is still not really "risk averse" as I would consider the term (in the sense of owning 25% metals, 25% land, etc.)
Correct, because stop losses are losses. They are not diversification.
Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.
Anyone who has more than 25% of their liquid network in crypto (and the rest in instantly illiquid assets such as gold, cash, and land since governments routinely cancel cash, apply capital controls to gold, and can raise taxes egregiously on land causing buyers to run away) at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.
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